SEC Form 4 · accession 0001562180-18-003611
Paylocity Holding Corp · PCTY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven I Sarowitz
Director · 10% Owner
Period of report
Aug 13, 2018
Accepted (ET)
Aug 15, 2018 · 4:22 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001591698
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.001F1,F2 | Aug 13, 2018 | S | 34,392 | $63.50 | D | 14,858,738 | D | |
| Common Stock, par value $0.001F1,F3 | Aug 13, 2018 | S | 7,279 | $64.25 | D | 14,851,459 | D | |
| Common Stock, par value $0.001F1,F4 | Aug 13, 2018 | S | 4,139 | $65.37 | D | 14,847,320 | D | |
| Common Stock, par value $0.001F1,F5 | Aug 13, 2018 | S | 4,824 | $66.55 | D | 14,842,496 | D | |
| Common Stock, par value $0.001F1,F6 | Aug 13, 2018 | S | 5,593 | $67.33 | D | 14,836,903 | D | |
| Common Stock, par value $0.001F1,F7 | Aug 13, 2018 | S | 400 | $68.17 | D | 14,836,503 | D | |
| Common Stock, par value $0.001F8,F9 | Aug 13, 2018 | S | 33,649 | $63.50 | D | 256,351 | I | by the Julian Grace Foundation |
| Common Stock, par value $0.001F8,F10 | Aug 13, 2018 | S | 7,045 | $64.23 | D | 249,306 | I | by the Julian Grace Foundation |
| Common Stock, par value $0.001F8,F11 | Aug 13, 2018 | S | 3,900 | $65.37 | D | 245,406 | I | by the Julian Grace Foundation |
| Common Stock, par value $0.001F8,F12 | Aug 13, 2018 | S | 4,831 | $66.57 | D | 240,575 | I | by the Julian Grace Foundation |
| Common Stock, par value $0.001F8,F13 | Aug 13, 2018 | S | 5,011 | $67.38 | D | 235,564 | I | by the Julian Grace Foundation |
| Common Stock, par value $0.001F8 | Aug 13, 2018 | S | 100 | $68.50 | D | 235,464 | I | by the Julian Grace Foundation |
| Common Stock, par value $0.001F1,F14 | Aug 14, 2018 | S | 1,720 | $64.36 | D | 14,834,783 | D | |
| Common Stock, par value $0.001F1,F15 | Aug 14, 2018 | S | 4,968 | $65.68 | D | 14,829,815 | D | |
| Common Stock, par value $0.001F1,F16 | Aug 14, 2018 | S | 10,285 | $66.35 | D | 14,819,530 | D | |
| Common Stock, par value $0.001F1,F17 | Aug 14, 2018 | S | 1,524 | $66.99 | D | 14,818,006 | D | |
| Common Stock, par value $0.001F8,F18 | Aug 14, 2018 | S | 1,700 | $64.36 | D | 233,764 | I | by the Julian Grace Foundation |
| Common Stock, par value $0.001F8,F19 | Aug 14, 2018 | S | 3,509 | $65.61 | D | 230,255 | I | by the Julian Grace Foundation |
| Common Stock, par value $0.001F8,F20 | Aug 14, 2018 | S | 8,755 | $66.33 | D | 221,500 | I | by the Julian Grace Foundation |
| Common Stock, par value $0.001F8 | Aug 14, 2018 | S | 500 | $67.00 | D | 221,000 | I | by the Julian Grace Foundation |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The transaction indicated was conducted under an approved 10b5-1 Plan adopted by the reporting person on December 6, 2017.
- F10The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $63.98 to $64.97, inclusive.
- F11The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $64.99 to $65.99, inclusive.
- F12The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $66.00 to $67.00, inclusive.
- F13The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $67.01 to $68.00, inclusive.
- F14The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $63.79 to $64.74, inclusive. The reporting person undertakes to provide to Paylocity Holding Corporation, any security holder of Paylocity Holding Corporation, or the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnotes 14, 15, 16 and 17 of this Form 4.
- F15The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $64.94 to $65.93, inclusive.
- F16The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $65.95 to $66.95, inclusive.
- F17The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $66.96 to $67.00, inclusive.
- F18The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $63.77 to $64.77, inclusive. The reporting person undertakes to provide to Paylocity Holding Corporation, any security holder of Paylocity Holding Corporation, or the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnotes 18, 19 and 20 of this Form 4.
- F19The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $64.93 to $65.93, inclusive.
- F2The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $62.97 to $63.97, inclusive. The reporting person undertakes to provide to Paylocity Holding Corporation, any security holder of Paylocity Holding Corporation, or the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnotes 2, 3, 4, 5, 6 and 7 of this Form 4.
- F20The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $65.95 to $66.95, inclusive.
- F3The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $63.98 to $64.97, inclusive.
- F4The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $64.99 to $65.99, inclusive.
- F5The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $66.00 to $67.00, inclusive.
- F6The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $67.01 to $67.72, inclusive.
- F7The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $68.04 to $68.50, inclusive.
- F8The transaction indicated was conducted under an approved 10b5-1 Plan adopted by the Julian Grace Foundation on May 14, 2018.
- F9The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $62.97 to $63.97, inclusive. The reporting person undertakes to provide to Paylocity Holding Corporation, any security holder of Paylocity Holding Corporation, or the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnotes 9, 10, 11, 12 and 13 of this Form 4.